Pecker is a key witness in the case against the former US president, who is accused of falsifying business records to cover up hush-money payment
Steel prices have gone up by approximately 25 per cent. Prices of sanitary fittings are also on an upward trajectory. Prices of brassware are up by 10 per cent and zinc by 15 per cent. Costs of stainless steel sinks and hardware products are also seen increasing by 15 per cent. Ceramic tiles, plywood and timber prices have increased by 10 per cent and electrical products by five per cent.
"There are a host of reasons behind this trend," says Anis Sajan, managing director of Danube Group. "The recent crackdown by pollution control agencies in China has led several unorganised and small businesses to shut down. This has led to a significant quantity of products being ousted from the market. However, more businesses have come back to the organised sector, and quality of the products has improved and prices are now in tandem with the international market," he adds.
Pecker is a key witness in the case against the former US president, who is accused of falsifying business records to cover up hush-money payment
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